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Active Network

IAC Sells ReserveAmerica To Active Network In Stock Swap

Jan 23, 2009 9:07 AM

Barry Diller is making good on his promise to start selling parts of IAC’s “emerging business” segment, as community sports site operator The Active Network has acquired ReserveAmerica. IAC (NSDQ: IACI) will sell all its stock in campground reservations site ReserveAmerica Holdings, Ltd. to Active in exchange for roughly 3.5…

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Posted In: Entertainment, Sports, Money, M&A & Venture Capital, Mergers & Acquisitions, Social Media, Companies, IAC, active network, reserveamerica

ESPN Leads $80 Million Investment In The Active Network; Will Pursue Acquisitions

Aug 27, 2008 12:17 PM

The Active Network, the big provider of sports-related technology, has just closed a huge, $80 million sixth round led by ESPN. Past backers participating in the round include Canaan Partners, North Bridge Venture Partners and Performance Equity Partners. The company, which has now raised $275 million since 1999, will use…

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Posted In: Money, M&A & Venture Capital, Mergers & Acquisitions, Venture Capital, Companies, Disney, ESPN, active network, canaan partners, north bridge venture partners, performance equity partners

The Active Network Acquires Hy-Tek Sports Software

Jul 8, 2008 9:16 AM

The Active Network, the heavily capitalized sports technology and media company, has acquired HY-TEK Sports Software, a provider of services and tools for swimming and track & field clubs. Terms of the deal were not disclosed. Hy-Tek claims to be used by 95 percent of the swimming and track &…

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Posted In: Entertainment, Sports, Media & Publishing, Money, M&A & Venture Capital, Mergers & Acquisitions, active network, hy-tek sports software

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